The NCLT, Mumbai Bench, sanctioned the scheme on June 28, 2023.
According to a report presented during the COP27 climate summit held in Egypt last year, among the world's significant contributors to global warming, India had the fastest increase rate in carbon emissions.
The show cause notice was stayed by the division bench of Justice GS Patel and Justice Dr. Neela Gokhale in an oral ruling, and the lender has been given time to file a response.
This new refinery, which will be built on over 1,300 acres of land in Nagapattinam, will generate polypropylene as well as petrol and diesel that meet BS-VI criteria.
The local unit opened at 82.68 per dollar, compared to the previous close of 82.51.
With this, installed capacity of NTPC Limited stands at 57,038 MW.
AI came in spotlight in the ARs and companies highlighted their investments and capabilities. Valuation gap among the firms has widened to historical averages after converging to decadal lows in Jan’22.
IdeaForge raised Rs 240 crore through fresh issues and over Rs 320 crore through an offer for sale.
Moreover, the jewellery division registered a satisfactory performance, clocking growth of 21% y-o-y in Q1FY24.

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